Honda vs ICICI Bank: Founders, CEOs and History
Honda was founded in 1948 by Soichiro Honda, Takeo Fujisawa and is led by Toshihiro Mibe. ICICI Bank was founded in 1994 by Industrial Credit and Investment Corporation of India and is led by Sandeep Bakhshi.
Company facts
Honda
- Founded
- 1948
- Headquarters
- Tokyo, Japan
- Current CEO
- Toshihiro Mibe
- Employees
- 195,109
ICICI Bank
- Founded
- 1994
- Headquarters
- Mumbai, Maharashtra, India
- Current CEO
- Sandeep Bakhshi
- Employees
- 124,029
Founders
Honda
Soichiro Honda
Soichiro Honda founded the company in 1946. Originally a mechanic who manufactured piston rings for Toyota, he realized that post-war Japan desperately needed cheap, reliable transportation.
Takeo Fujisawa
Takeo Fujisawa co-founded Honda in 1949, serving as the absolute perfect business counterpart to Soichiro Honda's engineering obsession.
ICICI Bank
Industrial Credit and Investment Corporation of India
The Industrial Credit and Investment Corporation of India (ICICI) was established in 1955 at the initiative of the World Bank, the Government of India, and representatives of Indian industry.
CEOs and their tenures
Honda
- Takanobu Ito2009–2015
President and CEO
He introduced a plan to reorganise Honda global operations and handed the presidency to Takahiro Hachigo in 2015.
Source - Takahiro Hachigo2015–2021
Former President and CEO
Hachigo trimmed excess capacity and refocused Honda on hybrids, motorcycles and its core models, which improved profitability before the EV investment cycle began.
Source - Toshihiro Mibe2021–present
Director, President and Representative Executive Officer (CEO)
Mibe's tenure has been defined by the push into electrification and its costly reset. The EV charges produced Honda's first annual loss since listing, but the shift toward hybrids and motorcycles was followed by a record first-quarter profit in FY2027.
Source
ICICI Bank
- K V Kamath1996–2009
CEO & Managing Director
Kamath built ICICI's reputation for technology-led banking, early ATMs, internet banking, and retail credit, and oversaw the 2002 reverse merger that created the modern bank.
Source - Chanda Kochhar2009–2018
CEO & Managing Director
Kochhar expanded ICICI Bank's retail franchise and brand reach, but her tenure ended amid the Videocon controversy and a sharp rise in bad corporate loans.
Source - Sandeep Bakhshi2018–present
Managing Director & CEO
Bakhshi is credited with restoring investor and regulator trust after 2018 and turning ICICI Bank into a lower-risk, steadily compounding lender, with net NPAs around 0.3% in 2026.
Source
Timeline: Honda and ICICI Bank side by side
1948Honda
Honda Motor Founded
Soichiro Honda establishes Honda Motor Co., Ltd. in Japan.
1955ICICI Bank
ICICI Founded as Development-Finance Institution
ICICI was formed to provide medium- and long-term project finance to Indian businesses.
1959Honda
American Honda Opens
Honda enters the US market, initially building awareness through motorcycles.
1963Honda
Honda Enters Automobiles
Honda expands from motorcycles and engines into automobile production.
1972Honda
Civic Launch
The Civic becomes a defining global nameplate for Honda's fuel-efficient automobile strategy.
1986Honda
Acquired Montesa
Honda Motor Co. acquired Montesa. Honda took control of the Spanish motorcycle maker Montesa, creating Montesa Honda to build trial and off-road motorcycles in Europe.
1986Honda
Acura Brand Launched
Honda launched the Acura luxury brand in the United States in 1986.
1994ICICI Bank
ICICI Bank Incorporated
ICICI Bank was incorporated as part of the ICICI group during India's post-liberalization banking opening. The move gave ICICI a deposit-taking commercial bank able to serve retail, corporate, and transaction-banking customers.
1999ICICI Bank
NYSE Listing Milestone
ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to list on the New York Stock Exchange. The listing expanded global visibility and imposed a higher disclosure profile on the group.
2000Honda
ASIMO Unveiled
Honda unveiled the ASIMO humanoid robot in 2000.
2001ICICI Bank
Bank of Madura Amalgamation
Bank of Madura was amalgamated with ICICI Bank with effect from March 10, 2001. The deal added branches, customers, and a southern India presence that helped the young bank build distribution faster than organic expansion alone.
2002ICICI Bank
Reverse Merger Created Universal Bank
ICICI, ICICI Personal Financial Services, and ICICI Capital Services merged into ICICI Bank.
2010ICICI Bank
Bank of Rajasthan Merger
The Bank of Rajasthan merger strengthened ICICI Bank's branch network, especially in northern and western India. The transaction mattered because local branches and deposits still supported private-bank scale even as digital channels were growing.
2015Honda
Takahiro Hachigo becomes CEO
Takahiro Hachigo became CEO of Honda Motor Co. in 2015. Hachigo trimmed excess capacity and refocused Honda on hybrids, motorcycles and its core models, which improved profitability before the EV investment cycle began.
2018ICICI Bank
Sandeep Bakhshi Became MD and CEO
Sandeep Bakhshi became Managing Director and CEO in October 2018 after Chanda Kochhar requested early retirement. His tenure has been associated with a sharper focus on risk controls, asset quality, governance, and steady retail-led growth.
2021Honda
Toshihiro Mibe Becomes CEO
Mibe becomes CEO as Honda increases focus on electrification, software, and new mobility.
2025ICICI Bank
FY2025 Balance Sheet Scale
The FY2025 integrated report listed Rs 16,103.48B in deposits, Rs 13,417.66B in loans and advances, Rs 21,182.40B in standalone total assets, and a 16.55% capital adequacy ratio.
2025ICICI Bank
FY2025 Profitability
ICICI Bank reported Rs 472.27B in standalone profit after tax and Rs 510.29B in consolidated profit after tax for FY2025. Profitability matters because the bank has to fund technology, compliance, provisions, and growth while keeping capital strong.
2025ICICI Bank
IMobile and Card Scale
IMobile processed 558M transactions worth Rs 11,238B in FY2025, and the bank had close to 18M active credit cards at March 31, 2025.
2026Honda
FY2026 Loss and EV Reset
Honda reports ~$146 billion (JPY 21.797 trillion) in sales revenue and a ~$2.84 billion (JPY 423.9 billion) loss attributable to owners after EV write-downs, then posts a record ~$3.56 billion (JPY 530.7 billion) Q1 FY2027 operating profit in August.
2026ICICI Bank
Q1 FY2027 Profit Up 15.9%
Standalone profit rose 15.9% to Rs 14,805 crore for April-June 2026, with net interest income up 12.7% and net NPAs at 0.35%.
2026ICICI Bank
Bakhshi Reappointed to 2028
The RBI approved Sandeep Bakhshi's reappointment as MD and CEO for two years from October 4, 2026.
2026ICICI Bank
FY2026 Profit Crosses Rs 50,000 Crore
Standalone net profit rose 6.2% to Rs 50,146.6 crore in FY2026, with a 4.32% net interest margin and 15.8% loan growth.
Acquisitions
ICICI Bank
- Bank of Rajasthan2010Undisclosed
- The Sangli Bank2007Undisclosed
- Bank of Madura2001Undisclosed
- Anagram Finance1998Undisclosed
- ITC Classic Finance1997Undisclosed
Questions about Honda vs ICICI Bank
Who is the CEO of Honda Motor Co., Ltd. and ICICI Bank Limited?
Honda Motor Co., Ltd. is led by Toshihiro Mibe and ICICI Bank Limited is led by Sandeep Bakhshi. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Honda Motor Co., Ltd. founded vs ICICI Bank Limited?
Honda Motor Co., Ltd. was founded in 1948 — 46 years before ICICI Bank Limited, which was founded in 1994. Honda Motor Co., Ltd.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger ICICI Bank Limited.
How many employees does Honda Motor Co., Ltd. have compared to ICICI Bank Limited?
Honda Motor Co., Ltd. employs approximately 195,109 people, while ICICI Bank Limited employs approximately 124,029. Honda Motor Co., Ltd. has the larger workforce at 195,109 employees, compared to ICICI Bank Limited's 124,029. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Honda Motor Co., Ltd. and ICICI Bank Limited headquartered?
Honda Motor Co., Ltd. is headquartered in Japan and ICICI Bank Limited is headquartered in India. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Honda Motor Co., Ltd. and ICICI Bank Limited?
Honda Motor Co., Ltd. was founded by Soichiro Honda, Takeo Fujisawa. ICICI Bank Limited was founded by Industrial Credit and Investment Corporation of India.
Which company has a longer operating history — Honda Motor Co., Ltd. or ICICI Bank Limited?
Honda Motor Co., Ltd. has been operating for approximately 78 years, making it the more established of the two companies. ICICI Bank Limited has been in operation for around 32 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Honda vs ICICI Bank overview